Lear Announces Key Senior-Level Appointments
SOUTHFIELD, Mich., Aug. 22 /PRNewswire-FirstCall/
-- Lear Corporation (NYSE: LEA), one of the world's largest automotive
interior systems suppliers, today announced several senior-level
Effective immediately, Lear Chief Financial Officer David Wajsgras has been promoted to executive vice president.
With respect to organizational structure, Lear is realigning its
global Customer and Product Groups under the leadership of Doug
DelGrosso, Lear President and Chief Operating Officer, as follows:
Ray Scott has been promoted to senior vice president of Lear and
president of the North American Customer Group. In this new role, Scott
will be responsible for Lear's North American-based customers on a
Joe Zimmer has been promoted to senior vice president of Lear and
president of the Global Seating Systems Product Group. In addition to
his seating responsibilities, Zimmer will continue to oversee on a
regional basis all activities in Europe.
Miguel Herrera-Lasso has been promoted to senior vice president of
Lear and president of the Electrical & Electronics Systems Product
Group, which he will continue to manage on a global basis.
Lou Salvatore has been promoted to senior vice president of Lear and
president of the Global Asian Customer Group. In this new role,
Salvatore will be responsible for our Asian OEM business globally.
Jim Brackenbury has been promoted to senior vice president of Lear
and president of the Mexican/Central American Regional Group.
Brackenbury will continue to manage Lear's operations in Mexico and
"We are announcing further organizational changes today as part of
our continuing efforts to improve our operating efficiency, increase our
organizational effectiveness and reposition the company for future
profitability," said Bob Rossiter, Lear Chairman and Chief Executive
Lear Corporation, a Fortune 500 company headquartered in Southfield,
Mich., USA, focuses on integrating complete automotive interiors,
including seat systems, interior trim and electrical systems. With
annual net sales of $17 billion in 2004, Lear is one of the world's
largest automotive interior systems suppliers. The company's
world-class products are designed, engineered and manufactured by more
than 110,000 employees in 34 countries.
SOURCE: Lear Corporation
Web site: http://www.lear.com/
Company News On-Call: http://www.prnewswire.com/comp/518304.html
Posted on 8/22/2005